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debt

Angola and Mozambique are the Portuguese-speaking African countries with the riskiest debt

September 25, 2023 Steven Addamah 0

The director of the emerging markets department at Oxford Economics said Sunday that Angola and Mozambique are the Portuguese-speaking African countries most at risk of […]

Cape Verde points to climate resilience as biggest challenge for small island States

August 25, 2023 Geraldine Boechat 0

Cape Verde has identified climate resilience as the biggest challenge facing the Small Island Developing States (SIDS), which want to have a common position on […]

Cape Verde: Central Bank warns of “high level” of non-performing loans

August 22, 2023 Geraldine Boechat 0

The Bank of Cape Verde on Monday August 21 warned of the high level of non-performing loans on the balance sheet of banking institutions in […]

Angola settled almost 400 ME of overdue debt in 2022

August 1, 2023 Steven Addamah 0

The Angolan government paid in 2022 362 billion kwanzas (€397 million) of debt to creditors with emphasis on the National Electricity Company (Ende) and Chinese […]

San Tomean government wants to stop 300ME debt with Angola

February 20, 2023 Steven Addamah 0

The São Tomense government wants to settle a debt of about 300 million euros with Angola, under a new economic cooperation agreement signed with representatives […]

Portugal and Cape Verde to sign agreement to convert debt into climate fund

January 20, 2023 Geraldine Boechat 0

Prime Ministers of the two countries will sign an agreement on the 23rd aimed at transforming the debt to be applied in investments to increase […]

Mozambique’s public debt to fall below 100% of GDP by 2023

November 28, 2022 Steven Addamah 0

The consultancy Fitch Solutions believes that Mozambique’s public debt should fall below 100% in 2023, due to the acceleration of the economy, higher gas revenues […]

Angola: The National Bank sells $500 million in debt securities

November 2, 2022 Geraldine Boechat 0

The National Bank of Angola announced Tuesday that it will make public debt securities from its foreign currency portfolio in the amount of US$500 million […]

IMF in Lusaka to bail out debt

June 16, 2022 Steven Addamah 0

The IMF’s financial support to Zambia to bail out a massive debt that has put the country into default is expected to be concluded in […]

Moratorium on Africa’s debt payments is “an indispensable step” –France’s Macron

April 16, 2020 Steven Addamah 0

French President Emmanuel Macron on Wednesday urged international creditors to relieve African countries of debt payments this year to help them deal with the coronavirus […]

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Recent Posts
  • 2024 WAFCON: King Mohammed VI congratulates Moroccan team for brilliant performance, competitive spirit
  • FIFA Inaugurates Africa Office at Morocco’s Mohammed VI Football Complex
  • ECA-UN: Morocco Reiterates Commitment to South-South Cooperation as Lever of African Empowerment
  • Senegal and Vietnam Deepen Ties with New Agreements Focused on Agriculture and Diplomacy
  • Chad and Guinea-Bissau Pledge Stronger Ties in High-Level Bilateral Talks
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